Baird analyst Michael Bellisario maintains $Choice Hotels International (CHH.US)$ with a buy rating, and adjusts the target price from $138 to $145.
According to TipRanks data, the analyst has a success rate of 55.3% and a total average return of 6.3% over the past year.
Furthermore, according to the comprehensive report, the opinions of $Choice Hotels International (CHH.US)$'s main analysts recently are as follows:
The company's recent quarterly results indicated a RevPAR shortfall paired with an EBITDA forecast increase. According to an analyst, the quarter presented elements that could cater to a diverse range of stakeholders.
Fundamental trends for Choice Hotels are showing signs of consistent improvement, and there is an upward trend in estimates, contrasting with the prevailing negative investor sentiment and positioning. This contrast underpins a positive outlook on the shares, despite acknowledging that the recent rise in stock price may limit further upside potential.
Note:
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Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.
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